Accountancy, asked by shraddha1934, 6 months ago

At which value Goodwill is shown in the new balance sheet, at the time of admission of a new partner????

Answers

Answered by subhransusahoo94

Answer:

They decide to admit C as their new partner for an equal share admission of partner). The value of the Goodwill in the firm's books of accounts is ₹60000. C brings ₹20000 as his share of goodwill in cash. The partners decide that goodwill will not appear in the books in the future.

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